I Will Be was closing condo in Ft Lauderdale, FL (Broward County) next week, I am Actively shopping for condo insurance. I am one the top floor (3rd fl). I Heard That I will not Need flood insurance, for example? Thanks!
Kerri Drobny says...
1) What is the total about of personal liability coverage?
2) Is this a replacement cost policy or actual cash value? (replacement is best)
3) What are the limits of the personal property coverages?IE Jewelery, guns, negotiable instruments etc...
4) What is the aggregate personal property coverage?
5) Specifically what does this policy cover in the event of a loss by theft, fire, water damage (pipe burst), wind, natural disasters such as hurricane etc...
6) Does this policy cover my personal property anywhere or only what is located in the home? What about a storage bin in the car port or garage?
7) What is the difference in premium based on differing deductibles?
That should be a good start.
Kevin
Posted on July 7, 2011
